The Delft-based software development company TSA Group is becoming part of the MyBit Group. The acquisition of TSA Group is the next step in the MyBit Group’s strategic expansion to become one of the leading Dutch players in the development of high-quality custom software. Hogenhouck M&A advised TSA Group on this transaction.
Leading expertise in custom software
TSA Group Delft is a well-established name and a leading Dutch provider of custom software, best known for its Delphi expertise.
For over 30 years, TSA Group Delft has been recognized for its expertise in developing and maintaining numerous business-critical applications. In addition, more than 100 municipalities rely on TSA’s innovative software solutions for organizing elections.
Stack-agnostic approach
The MyBit Group specializes in custom software development. What sets it apart is its “stack-agnostic” approach to software development: the MyBit Group is not limited to using just a few specific technologies. Each of the companies within the MyBit Group excels in a wide range of technical stacks.
As a result, the MyBit Group possesses a broad range of specialized expertise at the highest quality level. This comprehensive approach enables the MyBit Group to serve clients in both the public and private sectors with a wide array of technologies and knowledge. Furthermore, with over 200 employees, the MyBit Group ensures that service continuity is always guaranteed.
New Phase
Gabor Bos and Leon Kerkstra will continue to lead the further expansion of TSA Group Delft and the integration of TSA into the MyBit Group. TSA’s management is enthusiastic about joining the MyBit Group: “A wonderful new phase is beginning for TSA. This applies to both our employees and our customers. We will continue to develop the best software solutions from our base in Delft and, as part of the MyBit Group, will be able to offer our clients an even broader range of services and areas of expertise.”
Harmony Between Corporate Cultures
Hogenhouck M&A advised Peter Tanis on behalf of TSA in this transaction with Hein Stoops and Bart van ’t Zet. Hein Stoops commented on this collaboration: “TSA is a leading company specializing in the development of mission-critical software using Delphi and PHP. The strategic decision to partner with MyBit stems from careful consideration and is aimed at promoting business growth, product development, and employee well-being. MyBit’s stack-agnostic product portfolio will be strengthened by TSA’s specialized Delphi expertise. In addition, there is a strong alignment between the corporate cultures of TSA and MyBit. Both companies share not only a commitment to excellence but also a deep understanding of the industry. This cultural alignment forms the foundation for a seamless integration, which is essential for preserving TSA’s identity and values. The complementary nature of the companies creates a synergistic partnership that stimulates growth and innovation. This synergy is important not only for strengthening the market position but also for providing added value to existing and future customers. TSA places great value on a positive work environment for its employees. By choosing MyBit, this commitment is ensured. In short, MyBit’s acquisition of TSA embodies not only a wonderful partnership but also a carefully considered decision to positively strengthen the corporate culture, expertise, and well-being of the staff. This partnership marks the beginning of a successful new chapter.”
